• Published on 1 March 2023
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Best Retail Bank in Cambodia 2023 is Canadia Bank

• The winning bank posted strong financial results in Cambodia. The bank generated the highest revenue in 2022 among Cambodian banks and has the largest share in total retail deposits nationwide.
• The bank also posted the highest return on equity and the lowest cost-to-income ratio. The bank’s loan-to-deposit ratio currently is at a healthy level of 80% to 85%, as the bank cautiously navigates through a liquidity-straining environment.
• The bank is also launching a new mobile app to leverage its large ecosystem to attract younger customers; the average waiting time for offline services has been reduced to less than eight minutes across the country.
• For its financial performance, efforts to upgrade both online and offline services, and well-managed loan-to-deposit structure, the Best Retail Bank in Cambodia is Canadia Bank.